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Money Market Mutual Funds

Money market funds are debt funds. They invest in short-term sebt securities such as treasury bills and commercial papers. They generally maintain high levels of liquidity.

  • ⏱ Horizon: Short
  • 🔢 Total funds: 27
  • 💰 Total AUM: 3,29,034 Cr

Best performing Money Market Mutual Funds

NameAUM (Cr)Base Exp. Ratio (%)1Y Return3Y CAGR5Y CAGR
Tata Money Market Fund34,511.280.156.69%7.53%6.86%
Nippon India Money Market Fund23,624.470.196.56%7.41%6.78%
Axis Money Market Fund21,405.410.136.65%7.45%6.77%
Aditya Birla SL Money Market Fund29,876.830.196.60%7.42%6.77%
UTI Money Market Fund19,467.720.136.57%7.39%6.74%
HDFC Money Market Fund31,370.840.196.59%7.39%6.73%
Kotak Money Market Fund29,764.200.146.62%7.39%6.72%
ICICI Pru Money Market Fund36,528.690.186.56%7.37%6.70%
Bandhan Money Market Fund15,337.790.096.68%7.42%6.69%
SBI Money Market Fund32,207.930.226.45%7.32%6.67%

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Overview of Money Market Mutual Funds

Tata Money Market Fund
  • AUM
    ₹ 34,511.28 Cr.
  • Base Exp. Ratio
    0.15%
  • 5Y CAGR
    6.86%
Performance
The fund's annualised performance has been 6.77% since inception.
Risk
The fund has been categorised as Moderate by SEBI and has a standard deviation of 0.49% vs its category average of 0.5%.
Composition
Certificate of Deposit makes up for the majority of the fund at 54.31% along with the largest allocation towards Private Banks at 30.18%.
Nippon India Money Market Fund
  • AUM
    ₹ 23,624.47 Cr.
  • Base Exp. Ratio
    0.19%
  • 5Y CAGR
    6.78%
Performance
The fund's annualised performance has been 7.3% since inception.
Risk
The fund has been categorised as Moderate by SEBI and has a standard deviation of 0.52% vs its category average of 0.5%.
Composition
Certificate of Deposit makes up for the majority of the fund at 58.82% along with the largest allocation towards Public Banks at 43.91%.
Axis Money Market Fund
  • AUM
    ₹ 21,405.41 Cr.
  • Base Exp. Ratio
    0.13%
  • 5Y CAGR
    6.77%
Performance
The fund's annualised performance has been 6.48% since inception.
Risk
The fund has been categorised as Moderate by SEBI and has a standard deviation of 0.5% vs its category average of 0.5%.
Composition
Certificate of Deposit makes up for the majority of the fund at 64.56% along with the largest allocation towards Public Banks at 39.09%.
Aditya Birla SL Money Market Fund
  • AUM
    ₹ 29,876.83 Cr.
  • Base Exp. Ratio
    0.19%
  • 5Y CAGR
    6.77%
Performance
The fund's annualised performance has been 7.38% since inception.
Risk
The fund has been categorised as Moderate by SEBI and has a standard deviation of 0.52% vs its category average of 0.5%.
Composition
Certificate of Deposit makes up for the majority of the fund at 63.5% along with the largest allocation towards Private Banks at 39.83%.
UTI Money Market Fund
  • AUM
    ₹ 19,467.72 Cr.
  • Base Exp. Ratio
    0.13%
  • 5Y CAGR
    6.74%
Performance
The fund's annualised performance has been 7.28% since inception.
Risk
The fund has been categorised as Moderate by SEBI and has a standard deviation of 0.5% vs its category average of 0.5%.
Composition
Certificate of Deposit makes up for the majority of the fund at 59.89% along with the largest allocation towards Public Banks at 37.58%.
HDFC Money Market Fund
  • AUM
    ₹ 31,370.84 Cr.
  • Base Exp. Ratio
    0.19%
  • 5Y CAGR
    6.73%
Performance
The fund's annualised performance has been 7.3% since inception.
Risk
The fund has been categorised as Moderate by SEBI and has a standard deviation of 0.51% vs its category average of 0.5%.
Composition
Certificate of Deposit makes up for the majority of the fund at 60.06% along with the largest allocation towards Public Banks at 46.7%.
Kotak Money Market Fund
  • AUM
    ₹ 29,764.20 Cr.
  • Base Exp. Ratio
    0.14%
  • 5Y CAGR
    6.72%
Performance
The fund's annualised performance has been 7.23% since inception.
Risk
The fund has been categorised as Moderate by SEBI and has a standard deviation of 0.5% vs its category average of 0.5%.
Composition
Certificate of Deposit makes up for the majority of the fund at 60.5% along with the largest allocation towards Public Banks at 40.49%.
ICICI Pru Money Market Fund
  • AUM
    ₹ 36,528.69 Cr.
  • Base Exp. Ratio
    0.18%
  • 5Y CAGR
    6.7%
Performance
The fund's annualised performance has been 7.25% since inception.
Risk
The fund has been categorised as Moderately Low by SEBI and has a standard deviation of 0.52% vs its category average of 0.5%.
Composition
Certificate of Deposit makes up for the majority of the fund at 63.79% along with the largest allocation towards Public Banks at 43.65%.
Bandhan Money Market Fund
  • AUM
    ₹ 15,337.79 Cr.
  • Base Exp. Ratio
    0.09%
  • 5Y CAGR
    6.69%
Performance
The fund's annualised performance has been 7.21% since inception.
Risk
The fund has been categorised as Moderately Low by SEBI and has a standard deviation of 0.49% vs its category average of 0.5%.
Composition
Certificate of Deposit makes up for the majority of the fund at 61.05% along with the largest allocation towards Public Banks at 43.48%.
SBI Money Market Fund
  • AUM
    ₹ 32,207.93 Cr.
  • Base Exp. Ratio
    0.22%
  • 5Y CAGR
    6.67%
Performance
The fund's annualised performance has been 7.47% since inception.
Risk
The fund has been categorised as Moderately Low by SEBI and has a standard deviation of 0.5% vs its category average of 0.5%.
Composition
Certificate of Deposit makes up for the majority of the fund at 56.25% along with the largest allocation towards Public Banks at 41.58%.
This compilation has been made as and by way of an update from the publicly available sources of information.This compilation is provided for information purposes only and is not intended to be relied upon by any party as the basis of any decision.

While every effort has been made to take due care in publishing this compilation and to avoid errors or omissions, this compilation is published with a condition and understanding that the Anchorage Technologies Private Limited (ATPL) shall not be responsible for any damages, compensation or loss or action taken or abstained to be taken on the basis of this article/commentary to any person whomsoever.

Investing in Mutual Funds,Stocks/ETFs (Exchange Traded Funds) and securities are subject to market risk. Please read all the related documents carefully before investing. Investors should consider all risk factors and consult their financial advisor before investing. Representations are not indicative of future results.